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18609KRJ

STATE OF MINNESOTA DEPARTMENT OF COMMERCE

In the Matter of the Collection Agency License of Allianceont? Receivables Management Inc License No. CA 20430^46

CONSENT CEASE AND DESIST ORDER

TO:

Alliance-one Receivables Management Inc 3000 Antes Crossing Rd Suite 750 Eagan,lviN 55121 Commissioner of Commerce Mike Rothman ("Commissioner") has advised

1.

Allianceone Receivables Management Inc and its licensed branches attached as exhibit A ("Respondent") that he is prepared to commence formal action pursuant to Minn. Stat, 45,027 (2010) and other applicable law, against Respondent's collection agency license based on allegations that Respondent has engaged in a practice of registering persons that are prohibited from being registered as debt collectors and failed to establish procedures to properly screen individual collector applicants for, among other things, criminal background checks prior to submitting the individual collector registration application or renewal applications for registration to the commissioner, in violation of Minn. Stat. 332.33, subd. 8 and 332.35 (2010), 2. Respondent acknowledges that it has been advised of its rights to a hearing in this

matter, to present argument to the Commissioner and to appeal from any adverse determination after a hearing, and Respondent hereby expressly waives those rights. Respondent acknowledges that this order does not address any violations that have previously occurred and Respondent expressly agrees that the purpose of.this Order is solely to prevent further violations from. .. .

18609KRJ
occurring. Respondent further acknowledges that it has been represented by legal counsel throughout these proceedings or hereby expressly waives that right 3. Respondent has agreed to informal disposition of this matter without a hearing as

provided in Minn, Stat 14.59 (2010) and Minn, R. 1400.5900 (2009), 4. The following Order is in the public interest,

NOW, THEREFORE, IT IS HEREBY ORDERED, pursuant to Minn. Stat. 45,027, subd. 5 (2010), that Respondent shall cease and desist from submitting any and all debt collector registrations to the Department until the Commissioner has verified that Respondent has complied with the conditions outlined in this order. IT IS FURTHER ORDERED, pursuant to Minn. Stat. 45.027, subd. 5 and 332,33, subd. 8 (2010), that Respondent shall establish practices, procedures, and/or guidelines which include, but are not limited to, a screening process ("Screening Process") to ensure that Respondent does not submit debt collector registration applications to the Commissioner for individuals prohibited by Minn. Stat. 332.33 and/or otherwise known to be unqualified or unfit, Respondent shall submit its Screening Process to the Commissioner for review within five days of the date of this fully-executed order, Respondent shall make such changes to the Screening Process the Commissioner deems reasonably necessary. IT IS FURTHER ORDERED, that Respondent shall immediately subject all currently employed registered debt collectors to the Screening Process to ensure compliance with Minn. Stat. 332.33 and report to the Commissioner any registered collectors whose employment is terminated for not being eligible for registration.

18609K1U IT IS FURTHER ORDERED, that Respondent may resume registering individual debt collectors after receiving notification that the Commissioner has completed his review of Respondent's Screening Process, IT IS FURTHER ORDERED, that Respondent shall pay any and all reasonable travel expenses for Department personnel to verify Respondent's compliance with and/or meet with company representatives about this order. This Order shall be effective upon signature by or on behalf of the Commissioner..

n* i Dated:

/-Z 7

Mike Rothman Commissioner 85 Seventh Place East, Suite 500 Saint Paul, Minnesota 55101 Telephone: (651)296-2488

EXHIBITA

Licensee
Alllanceone Allianceone Alllanceone Alllanceone

License Number
20426106 20312048 20430846 20312079 20312084 20563588 20439508 20426106 20312048 20430846 2032079 20312084 20563588

Alllanceone
Alllanceone Alllanceone Allianceone Receivables Management Inc Alllanceone Receivables Management Inc Alllanceone Receivables Management Inc Alllanceone Receivables Management Inc Aillanceone Receivables Management Inc Alllanceone Receivables Management Inc Allianceone Receivables Management Inc And/or any other licensed Locations

20439508

CONSENT TO ENTRY OF ORDER

The undersigned, acting on behalf of Allianceone Receivables Management Inc, states that he has read the foregoing Consent Order; that he knows and fully understands its contents and effect; that he is authorized to execute this Consent to Entry of Order on behalf of Respondent; that he has been advised of Respondent's right to a hearing; that Respondent has been represented by legal counsel in this matter; or that he has been advised of Respondent's right to be represented by legal counsel and that he has waived this right; and that he consents to entry of this Order by the Commissioner of Commerce. It is further expressly understood that this Order constitutes a settlement agreement between the parties hereto, there being no other promises or agreements, either express or implied,

Allianceorie Receivabtes M

STATE O COUNTY This instrument was acknowledged before me on ^ (name of person) (stamp) (signature w uotfu'y oificw1)

M/ Commission Expires M/31/2015

Title (and Rank)

My commission expives:

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